Global information and insights company TransUnion, the Philippines’ first comprehensive private credit reference agency, announced the signing of a Memorandum of Agreement (MOA) with the Bangko Sentral ng Pilipinas (BSP) to develop and implement a national-level credit education module on the BSP E-Learning Academy (BELA). Set to be available to all Filipinos as early as next year, the module marks TransUnion as the first credit reference agency in the country to collaborate with the BSP on financial education initiatives through BELA to promote financial literacy.
The formal MOA signing ceremony was held as part of the BSP’s 2025 Financial Education Stakeholders’ Congress on November 18, 2025. The interactive e-learning module, “Understanding and Managing Your Credit Score”, will be housed on BELA – an online learning management system designed to educate Filipinos on financial literacy in the digital age. The course is interactive, featuring engaging slides, scenario-based exercises and video materials to empower Filipinos of all ages with the necessary knowledge to responsibly navigate the credit ecosystem.
A New Resource for Financial Empowerment
This collaboration represents a significant milestone in TransUnion’s ongoing commitment to advancing financial literacy and financial inclusion in the country. It directly responds to the strong consumer demand for financial education, as data from TransUnion’s 2025 Credit Perception Index (CPI) showed that 68% of Filipinos aim to access more educational materials to improve their finances. With additional CPI data pointing to social media as a preferred channel for three in every five Filipinos (60%), complementary e-learning materials will also be shared on TransUnion’s own social media platforms to engage with broader Filipinos through multiple touchpoints.
“TransUnion believes that access to credit begins with access to credit knowledge. This partnership with the BSP is a monumental step forward in our shared mission to champion financial literacy and financial inclusion across the nation,” said Peter Faulhaber, President and CEO, TransUnion Philippines. “By introducing this interactive e-learning module on the BELA platform, we are empowering Filipinos with insights needed to build and maintain a healthy credit profile — unlocking better financial opportunities and establishing a strong foundation for a more financially resilient population, in line with the Philippines’ national goal of achieving upper-middle-income status.”
During the event, TransUnion Philippines was also recognized as a “Promising Financial Education Partner” for its ongoing contributions in advancing financial inclusion through education and collaboration.
The “Understanding and Managing Your Credit Score” course will be available to all Filipinos via BELA online and through the BSP Mobile App. Download today from the App Store or Google Play Store.
